Tuesday wrap: Bargain hunters send stocks ahead despite disappointing U.S. service sector data
Oil slips, loonie rises
- By: Malcolm Morrison
- July 6, 2010 July 6, 2010
- 15:31
Oil slips, loonie rises
Consensus is for 15,000 jobs to be added in June
Drop follows two straight monthly increases
U.S. futures positive after holiday break
Commodity prices, Bank of Canada’s interest rate policy could impact the dollar’s value
Investors remain uncertain about the direction of the U.S. economy
Despite Gulf of Mexico spill, there remains an oversupply of crude in the U.S.
U.S. markets take a holiday
Canadian jobs report due Friday
Deleveraging in the private sector slowing growth
Interest rates remain a major issue
Gold stocks slide 4.7%
TSX re-opens following the Canada Day holiday
Unemployment rate dips to 9.5%
Scope for policy misjudgements is high
Changed conditions will create tough new challenges for governments
Economy enters new, flatter phase
Canada outranks all other countries except U.S. in global index additions
N.Y. falls as job creation disappoints
Commodity prices stabilize following sharp losses
Economies of commodity-producing countries should continue to benefit from the global recovery
Loonie under pressure
Survey finds concerns about job security
Housing market shows clear signs of moderation
Drop in dollar boosts industrial prices